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Business & Decision announce a 42% increase in operating profit and a five-fold increase in net profit

Paris, March 31, 2005,

Business & Decision, the European consulting and data engineering company specialising in Business Intelligence, Customer Relationship Management (CRM) and e-Business, today announced an increase in operating profit to ¤ 2.2 million (operating profit to sales ratio of 6.5%), for the 6 month period to 31st December 2004. This represents a 42% increase compared to the same period of the previous year.
The net profit for the 6-month period has risen to € 1 million, a five-fold increase (net profit to sales ratio of 3%). Business & Decision recorded consolidated turnover of € 33.8 million for the 6 month period to 31st December 2004; an increase of 22 % compared to the same period of the previous year. This growth was primarily organic.

"The Group has recorded one of the best organic growth rates in the French data engineering market, and in the last 6 months of 2004, we have generated more than 88% of our turnover for the last 12 months," said Patrick Bensabat, Chairman of Business & Decision. "This reinforces our strategy of strong continuous growth, which is being achieved through commercial investments, recruitment of consultants and industry experts and a realistic acquisition strategy."

A resolution was passed at the last General Meeting to change the accounting reference date from 30th June to 31st December and these accounts reflect the exceptional six-month period between these dates. Accounts derived for the twelve months from 1st January to 31st December 2004, show a consolidated turnover for the Group of € 64.3 million (an increase of 17% compared to the calendar year 2003), an operating profit of € 3.1 million (an increase of 24%) and a net profit of € 1.8 million (an increase of 80%).

Positive Outlook for 2005

In 2005, Business & Decision are well positioned to profit from a strong market, which has been predicted to grow by 5%-7% (source Syntec Data Processing).

Throughout 2005, the group will continue to grow both organically and through a geographic and industry specific acquisition strategy. Business & Decision should exceed turnover in excess of € 100 million within the next 2 years and aim to employ more than 1,000 staff by the end of 2005.

About Business & Decision - www.businessdecision.com

Founded in 1992, Business & Decision is an International consulting and Systems Integration company specializing in Business Intelligence, Customer Relationship Management (CRM) and E-Business. The Group works with clients to implement systems that aim at driving business functions and performance (dashboards, reporting, consolidation etc.); help in customer relationship management (sales force automation, call centers, campaign management, analytical CRM); and assist in E-Business (intranet and extranet portals, directories and Meta directories, e-commerce, knowledge management, Open source technologies, etc.). With more than 2,800 employees worldwide, Business & Decision has developed a "complete project" approach that spans from consulting to implementation. The Group has a reputation for its functional and technological expertise and has forged partnerships with all of the key technology vendors. At present, Business & Decision has more than 1,200 clients.

 

Business & Decision has been listed on the Euronext Paris since February 2001 (compartment B / Isin code: FR 00000 7895 8 / Symbol:  BND). Business & Decision is listed in the NextEconomy segment and in the IT-Cac (technology market). For more information, visit: http://www.businessdecision.com/

Press Contact at Business & Decision
Investor relations

Pauline Cieutat - pauline.cieutat@businessdecision.com

Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22